Guys can someone say if the Universa project has a soft cap, did not find this information! Proceeding from a white paper, I realized that the maximum allowable amount of $99 million, but with a minimum threshold, nothing is said?

Guys can someone say if the Universa project has a soft cap, did not find this information! Proceeding from a white paper, I realized that the maximum allowable amount of $99 million, but with a minimum threshold, nothing is said?

Their soft cap 9,9 mln $, and hard cap 99 mln. But I cant understand, why they need so much money?

This was not looking this interesting at start but now it has turned into very serious after raising so much money this easily. This is standard these days to check any on going crowdfunding by its present performance. There is still much time to reach at lot more higher amount in remaining time to reach at final day of ICO.

To me, decentralization is an important aspect of crypto's. Quotes from wp:

Quote from: whitepaper Universa

Nodes in the Universa system are owned and operated by our partners; they must be licensed and authorized by Universa Corporation. They are trusted, trained, and audited;

Quote from: whitepaper Universa

Execution of Smart Contract actions requires transaction fees paid in UTN to reward participating nodes for the processing power they supply to the network and sustain the ongoing development of the Universa platform. Nodes will keep 80% of the transaction fee, and 20% will go to Universa Corporation.

So, if I'm right, the whole Universa ecosystem will be runned by a single corporation. Aren't we then back to the idea of banks yet? (which are indeed 1000 times faster than Bitcoin ) If I see things incorrectly, I invite anyone to explain.

Any answers to these obvious questions?Centralization of cryptoprojects is too bad. I am out.